Bitcoin Hits Record $111K Amid Market Caution
Key Takeaways
- Bitcoin (BTC) has surpassed the 110,000 USD mark and is currently trading around 111,000 USD.
- This places Bitcoin among the six most valuable assets worldwide – behind Microsoft, NVIDIA, Apple, Amazon, and Gold.
- Michael Saylor, founder of Strategy (formerly MicroStrategy), is encouraging people to buy BTC even at its all-time high (ATH).
- Technical indicators such as the RSI (Relative Strength Index) suggest an overbought market environment.
- According to on-chain data, 100% of current BTC investors are in profit – a potential signal for upcoming profit-taking.
Bitcoin Hits New All-Time High
On May 23, 2025, Bitcoin reached a new all-time high. With a price of 111,056.55 USD, BTC recorded a 3.65% increase within 24 hours. This rise places the cryptocurrency among the top 6 most valuable assets globally. Only tech giants like Microsoft, NVIDIA, Apple, Amazon, and Gold rank higher than Bitcoin.
Michael Saylor: “Buy Even at the All-Time High”
Michael Saylor, known as one of the most prominent Bitcoin advocates, commented on the recent development on the platform X (formerly Twitter). His statement: “If you don’t buy Bitcoin at the all-time high, you’re leaving money on the table.” He aims to emphasize that long-term investors can still benefit even at high price levels. His view was supported by other crypto enthusiasts like Adam Livingston.
Opposing Views Warn of Risks
Not everyone shares Saylor’s optimism. Critics such as Adaora Favour Nwankwo question the logic of investing at peak prices. Her response: “Saylor please! What money on what table? Buying at the ATH and taking losses?” Such comments reflect concerns that entering the market at record highs may carry an increased risk of losses.
Technical Analysis: Overbought Market Conditions
A look at technical indicators reveals that the Relative Strength Index (RSI) is well above the neutral level of 50. While this signals continued buying pressure, it also points to an overbought market. Such phases are often followed by short-term price corrections as investors take profits, creating selling pressure.
On-Chain Data: All Investors in Profit
According to data from IntoTheBlock, 100% of current Bitcoin holders are “in the money.” This means they purchased their BTC at a lower price and are currently in profit. This unusually high figure may be a sign of an overheated market. Such phases are often followed by profit-taking, which can put short-term pressure on the price.
What Does This Mean for You?
If you’re considering investing in Bitcoin, you should closely monitor the current market conditions. The strong price performance and positive sentiment suggest further growth potential. At the same time, technical indicators and on-chain data urge caution. Entering the market at an all-time high always carries the risk of short-term pullbacks.
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Our Assessment
Bitcoin has established itself as a serious asset class. The current price surge reflects the confidence of many investors. Statements like those from Michael Saylor highlight a long-term investment mindset. However, you shouldn’t buy blindly. Technical overheating and the possibility of corrections are real risks. Long-term investors can still enter at high levels – but having a clear plan and risk awareness is crucial.
Sources
- CoinMarketCap
- IntoTheBlock
- TradingView
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | 109072 |
| 24h % | -2.45 % |
| 7d % | 4.90 % |
| 30d % | 16.19 % |
| 60d % | 23.30 % |
| 1y % | 61.44 % |
| Market Cap | $2,167,389,204,096.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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